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RE: Bitcoin and China - What They Don't Get Right

in #bitcoin7 years ago

Good work @bitcoinflood am often impressed the way you often update our views and increase our confidence in crypto world and giving us reasons to be assured. Its impressive. Also your write up made it clear to us as regards the stand of Chain government policy. please keep it up.

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It seems like people read a headline and then instantly go to worst case or just make up their own stories and it turns into a big mess lol. As soon as the news came out we saw a major crash. We seem to be balancing out now. Just goes to show you that stock and crypto are heavily effected by speculation and news no matter what it might be. We are rolling into the weekend as well which 9 out of 10 times seems to be a bit of sell off instead of a pump. I expect Sunday or further into this next week we start to build that market cap again.

The crackdown is good as it helps secure investors money. So they don't get scammed of their hard earned money

Yup I see it as a positive thing via my other post above